AirAsia Bhd. (AIRA MK), Asia’s biggest budget carrier, jumped 5.9 percent to 3.59 ringgit, its highest close since Aug. 23. The stock was rated “overweight” in new coverage at HSBC Holdings Plc, with a share price estimate of 3.70 ringgit.

Eng Teknologi Holdings Bhd. (ENG MK) fell 3.3 percent to 1.74 ringgit, its lowest level since June 24, after the electronic components maker was cut to “sell” from “buy” at OSK Holdings Bhd. Its so-called fair value was reduced to 1.45 ringgit from 2.50 ringgit, OSK said in a report today, adding that flooding at Eng’s Thai factory made it “even more cautious” about a buyout offer.

TRC Synergy Bhd. (TRC MK), a builder, advanced 5.8 percent to 64 sen, the largest increase since Aug. 15. TRC won a 318.9 million ringgit ($103 million) contract to upgrade Brunei’s international airport terminal, it said in a statement.

Malaysian Resources Corp. (MRC MK), a property and construction group, added 4.3 percent to 1.96 ringgit, its highest level since Sept. 13. Malaysian Resources won a 46.5 million ringgit contract to construct a breakwater as part of a river-rehabilitation project in Pahang state, it said in a statement.

Zhulian Corp. (ZHCB MK), a multi-level marketing company, gained 3 percent to 1.71 ringgit, its highest close since Aug. 8, after it said third-quarter profit climbed 23 percent to 24.3 million ringgit.